Mortgage News
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Showing 985 - 1008 of 2242 results
Aug 5, 2025 2:24 PM
— Mortgage Rates
Mortgage Rates Hit 4-Month Low After Sharp 2-Day Decline
Rates on new 30-year mortgages fell for a second day, reaching their lowest level since early April at 6.73%. Rates on 15-year mortgages also decreased significantly, while jumbo 30-year rates slightly increased. Freddie Mac's weekly average differs slightly from other averages due to methodology differences. Mortgage rates are influenced by multiple factors, including macroeconomic conditions and... more
Aug 5, 2025 2:23 PM
— Bond Markets
Bonds Hold Steady After Modest Data-Driven Rally
The ISM Services data was a mixed blessing for bonds, with an uptick in the inflation component but all other components suggesting a mild economic deceleration. Bonds ended the day closer to unchanged levels, with MBS outperforming due to heavy auction supply for Treasuries. Overnight and after the ISM data, 10yr was up slightly at 4.215, while MBS were down a bit. There was no major reaction to ... more
Aug 5, 2025 1:25 PM
— Mortgage Lenders
Home equity surges and lenders smell opportunity
Americans are sitting on a record $34.5 trillion in home equity due to rising home prices and mortgage rates keeping owners in place. Lenders are eager to capitalize on this equity. Finance of America announced buying out Blackstone's equity stake in a mortgage lender for $80 million. GSE loans acquired have higher loan-to-value and debt-to-income ratios and lower credit scores, increasing serious... more
Aug 5, 2025 1:23 PM
— Housing Market
Here's How Much Mortgage Rates Have to Drop to Make Housing Affordable
Some housing markets, especially in big cities like New York, Los Angeles, and Miami, would still be unaffordable even if mortgage rates plummeted to 0%. On the other hand, areas like Pittsburgh, Birmingham, and Detroit have lower home prices, making housing affordable even if rates climbed significantly above the current average of 6.72%.
Aug 5, 2025 1:23 PM
— Mortgage Rates
As mortgage rates plunge dramatically, Taylor Swift and Travis Kelce go house hunting - Hindustan Times
Mortgage rates have dropped sharply to a 10-month low, creating a window of opportunity for house hunters to buy before summer ends. This decrease in rates is attributed to investors flocking to the 10-year Treasury note, lowering its yield and subsequently lowering mortgage rates. Taylor Swift and Travis Kelce were seen house hunting in Cleveland during this time.
Aug 5, 2025 12:23 PM
— Housing Market
Non-QM, Housing Trend, Servicing Tools; Building a Framework; MAA News and MBA Chair Interview
The article discusses various topics related to mortgages such as the aging housing stock in the US, challenges in new home construction, technology for mortgage servicing, upcoming webinars on the mortgage market trends, compliance risks in pre-approval processes, and tips for loan officers to succeed in a competitive market.
Aug 5, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Holding at 10 Month Lows
The average 30yr fixed rate fell back to early October 2024 levels due to rates being in a stable range close to 10 month lows. The recent drop in mortgage rates was in reaction to last week's jobs report with minimal change in the bond market this week.
Aug 5, 2025 11:24 AM
— Interest Rates
Mixed ISM Data Keeps Bonds In The Game
The ISM Services Index showed growth-related components coming in slightly weaker, but the 'prices paid' component reached another post-pandemic high, indicating inflation remains a concern. Despite this, the overall report was downbeat enough to offset the inflation implications, resulting in bonds ending the day unchanged.
Aug 5, 2025 7:17 AM
— Mortgage Rates
Mortgage and refinance interest rates today, August 5, 2025: The 30-year rate falls below 6.5%
Mortgage rates have decreased with the 30-year fixed rate at 6.46% and the 15-year rate at 5.68%. The Federal Reserve left the federal funds rate unchanged, but future rate cuts are expected, potentially leading to lower mortgage rates. Refinance rates are higher than purchase rates. A mortgage calculator can help determine monthly payments based on different rates and term lengths. Economists exp... more
Aug 5, 2025 4:24 AM
— Mortgage Finance
Ginnie MBS Delinquency Rates Rise in Second Quarter (IFHA)
Delinquencies on Ginnie Mae mortgage-backed securities rose during the second quarter of 2023, reversing the improvement from the previous quarter.
Aug 5, 2025 4:24 AM
— Treasury Rates
Holding Friday's Gains
The upcoming week has less significant events scheduled compared to the previous week, with Tuesday's ISM Non Manufacturing PMI being the only noteworthy data release. The Treasury auction cycle is expected to be slightly more interesting due to recent market movements. The market is currently in a range following a post-NFP rally, with attention being drawn to potential resistance at the 4.20 tec... more
Aug 5, 2025 3:24 AM
— Mortgage Lending
Non-Del, eVault, Bank Statement Programs; Trigger Lead & Credit News
The article discusses various topics related to the mortgage industry including the Federal Reserve, Homeowners Privacy Protection Act, new technologies for lenders, upcoming mortgage conferences, loan programs, eVault technology, and trigger leads. It also mentions the comparison between credit scoring systems like FICO, Vantage, and the impact on the FHFA.
Aug 5, 2025 3:23 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, August 5, 2025: Hovering with the prime rate
The HELOC interest rate has remained unchanged with an average national rate of 8.72% for a 10-year draw HELOC. Homeowners have a significant amount of equity in their homes, allowing them to leverage a HELOC to access that equity without refinancing their primary mortgage. HELOC rates depend on factors like credit score and lender flexibility, with rates ranging anywhere between 7% to 18%. It's a... more
Aug 5, 2025 2:53 AM
— Mortgage Rates
Mortgage and refinance interest rates today, August 5, 2025: Rates finally drop
The article discusses the current mortgage rates and the likelihood of a rate decrease in the upcoming months. It provides information on different types of mortgages, the importance of considering term lengths, the difference between adjustable-rate and fixed-rate mortgages, and how to calculate mortgage payments. Economists predict modest drops in mortgage rates by the end of 2025.
Aug 4, 2025 7:23 PM
— Interest Rates
Mortgage rates hit lowest levels of 2025
Following a weak jobs report, the 10-year yield dropped slightly, leading to a new low in mortgage rates for 2025 at 6.57%. There has been no Fed rate cuts this year, but speculation suggests that there could be one in September.
Aug 4, 2025 2:53 PM
— Bond Markets
Calmly Closing at Best Levels Since April
Following a calm post-NFP Monday, bonds closed slightly stronger, reaching the best levels since early April for MBS. Treasury yields are not doing quite as well as April's lows, reflecting lingering impacts of tariffs and fiscal policy. The day lacked actionable econ data, with the focus shifting to ISM Services on Tuesday.
Aug 4, 2025 1:23 PM
— Interest Rates
Best high-yield savings rate today – August 4, 2025
High-yield savings accounts are currently offering up to 4.35 percent APY, with Peak Bank leading the way. These accounts provide easy access to funds with yields well above the national average. Savings account rates are variable, so it's important to compare rates and be aware of Federal Reserve interest rate changes that can impact APYs. High-yield savings accounts can help grow money quickly f... more
Aug 4, 2025 1:23 PM
— Mortgage Rates
Lowest Mortgage Rates Since Early October
Mortgage rates are influenced by movement in the bond market, which is in turn affected by economic data. The monthly jobs report is a key indicator for bonds, and Friday's report led to significant bond buying, causing rates to go down. Mortgage lenders did not fully adjust their rate offerings to match the market movement, resulting in some of the lowest rates since early October.
Aug 4, 2025 11:23 AM
— Mortgage Lending
Mortgage Rates Drop to Lowest Level in 10 Months, Upping Purchasing Power in a Buyer-Friendly Market
The article discusses the importance of ensuring that users accessing Redfin.com are following the terms of usage set forth by the website. It emphasizes the need for all users to comply with the rules and regulations to maintain a fair and secure online environment.
Aug 4, 2025 9:24 AM
— Mortgage Rates
Most rates decrease as Fed keeps rates unchanged - Current mortgage and refinance rates, August 4, 2025
Average mortgage rates showed a mixed trend, with decreases in 30-year fixed, 5/1 ARMs, and jumbo loans, and an increase in 15-year mortgages. The Federal Reserve held off changing its key interest rate due to inflation concerns, which have a broad impact on borrowing costs. The uncertainty regarding tariffs continues to add economic volatility.
Aug 4, 2025 8:25 AM
— Mortgage Lenders
Can you get a mortgage with bad credit?
The article discusses how individuals with bad credit can still get a mortgage to buy a house. It explains what bad credit scores are considered to be, provides tips on improving the chances of mortgage approval, such as reviewing credit reports for errors, making a larger down payment, and improving the debt-to-income ratio. The article also mentions various mortgage options for borrowers with lo... more
Aug 4, 2025 7:23 AM
— Mortgage Rates
When will mortgage rates go down? Outlooks after a year of unwavering rates.
The article discusses how mortgage interest rates have recently stalled, with the current rates for 30-year fixed-rate mortgages at 6.72%, slightly lower since last week. Despite potential home buyers hoping for a more significant drop in rates, the data suggests that they are unlikely to decrease much in the second half of 2025. The article explains how mortgage rates are influenced by factors su... more
Aug 4, 2025 3:23 AM
— Mortgage Rates
Mortgage and refinance interest rates today for August 4, 2025: Rates expected to stay high for months
The average mortgage rates for 30-year fixed, 15-year fixed, and VA loans are around 6.60%, 5.76%, and 6.22% respectively. Experts predict that rates will stay above 6% in the coming quarters with slight increases. Adjustable-rate mortgages (ARMs) can offer lower initial rates but carry the risk of rates rising after the initial period. Lower mortgage rates are offered to buyers with higher down p... more
Aug 4, 2025 3:23 AM
— Mortgage Rates
Warren Buffett Said Buying 'Distressed' Homes With 30-Year Mortgages And Renting Them Out Might Be The 'Most Attractive' Investment Available
The article discusses Warren Buffett's advice in 2012 about buying homes as a good investment opportunity, especially with low mortgage rates and distressed property prices. Buffett recommended financing with a 30-year mortgage for a leveraged way of owning a cheap asset. In 2025, mortgage rates have climbed past 6.7%, making monthly payments more expensive as home prices remain elevated.
DISCLAIMER: mortgage-rates.ai is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. mortgage-rates.ai is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.